Mumbai | Navi Mumbai: South India–based real estate developer Olive Group has re-entered the Mumbai Metropolitan Region (MMR) with a focused development strategy centred on the Navi Mumbai Airport Influence Notified Area (NAINA), as town planning schemes and large-scale public infrastructure investments unlock new growth around the upcoming Navi Mumbai International Airport.
With a legacy of over 42 years and a presence across Kerala, Bengaluru and Tamil Nadu, Olive Group has delivered more than 47 lakh sq. ft. of residential and hospitality developments and has a future pipeline exceeding 1 crore sq. ft. across MMR. The renewed MMR foray marks a strategic shift after years of concentration in southern markets.
Olive Group’s approach is anchored in the phased rollout of NAINA town planning schemes, which are bringing regulatory clarity on zoning, infrastructure provisioning, road networks and structured urban growth in the airport-influenced belt.
“Navi Mumbai is one of the fastest-growing urban markets in India where planning, policy and infrastructure are converging at scale,” said Dr. P. V. Mathai, Chairman and Managing Director, Olive Group. “What makes NAINA unique is the alignment between public investment, regulatory planning and execution timelines—something rarely seen in Indian urban expansion.”
He highlighted that public investments worth several tens of thousands of crores are already committed to the region through the international airport, metro connectivity, expressways, arterial roads, utilities, and planned IT and logistics hubs. With the airport expected to handle up to 90 million passengers annually in phases, the region is being planned as a city-scale economic ecosystem rather than a peripheral extension of Mumbai.
Industry experts note that NAINA is enabling large, contiguous developments instead of fragmented growth. Olive Group plans to develop around 50 lakh sq. ft. in the airport influence zone over the next five years through a mix of residential projects and joint ventures, positioning its MMR re-entry as a long-term, infrastructure-led urban development play
